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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


2 posters

    Al-Saadi: Importers' dependence on the dollar is behind its failure to devalue it in the parallel ma

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 269036
    Join date : 2012-12-21
    • Post n°1

    Al-Saadi: Importers' dependence on the dollar is behind its failure to devalue it in the parallel ma Empty Al-Saadi: Importers' dependence on the dollar is behind its failure to devalue it in the parallel ma

    Post by Rocky Sat 08 Jul 2023, 4:45 am

    [size=45][size=41]Al-Saadi: Importers' dependence on the dollar is behind its failure to devalue it in the parallel market[/size]
     17 hours ago
    428
    [/size]

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    Economic affairs researcher Muhammad Al-Saadi explained, on Friday, that the total dependence of importing traders on the dollar in the parallel market is behind its continued rise in the parallel market.
    Al-Saadi said in a press interview seen by “Takadam” that “many merchants, especially importers, depend on the dollar on the black market, and they did not go to the electronic platform in order to obtain the dollar at the official rate.”
    He added, "The lack of locally produced commodities pushes the merchant to go abroad in order to import, and therefore he has the option of going to obtain the dollar from the official platform, and he may go to erase the parallel market in order to obtain the currency as quickly as possible."
    And he indicated that “the volume of demand for buying the dollar, especially by speculators and traders, made some exchange shop owners monopolize the currency and store it in order to raise its value in the parallel market and obtain great benefits, despite the government’s measures to control prices.”
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    wciappetta
    wciappetta
    wciappetta
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    Posts : 5300
    Join date : 2012-12-20
    • Post n°2

    Al-Saadi: Importers' dependence on the dollar is behind its failure to devalue it in the parallel ma Empty Re: Al-Saadi: Importers' dependence on the dollar is behind its failure to devalue it in the parallel ma

    Post by wciappetta Sat 08 Jul 2023, 6:17 am

     and they did not go to the electronic platform in order to obtain the dollar at the official rate.”

    Either they are lazy or they didn't go is because they will be caught conducting illegal activities.


    _________________
    [You must be registered and logged in to see this link.]In the beginning was the Word, and the Word was with God, and the Word was God.... For from His fullness, we have all received and grace upon grace. For the Law was given through Moses; grace and truth came through Jesus Christ. No one has ever yet seen God. The only begotten God, the One being in the bosom of the Father, He has made Him known. - Berean Literal Bible
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